Long Haul
Sri Lanka Telecom (SLT) is forecasting a surge in international call revenue, as an old microwave link with South India was re-established on Monday. The link …
Industry
Shopping Spree
The Colombo office of Emirates has begun sales of travel plus accommodation packages for the ninth Dubai Shopping Festival, which takes place from January 15 …
Pensions Wedding
An international consultant is going to help the government to merge the two State pension funds in a bid to draw on the synergies between the two.UK based …
Mobitel Clarifies
Mobitel Private Ltd said a statement it regretted any embarrassment caused to the Attorney General or the Telecom watchdog as a result of a news item that …
On Hold
Capital market regulator SEC is holding back approval of Nawaloka Hospital IPO over the company decision to pre-allocate two thirds of the issue.SEC Director …
Will Reveal
Peoples Bank, which has negative net assets, says they will go public once they get their credit rating from Fitch Ratings Lanka.Sampath Bank and Seylan Bank …
Stop, Look & PAY
The Western Provincial Council says motorists in the province have defaulted paying revenue license fees valued at more than Rs. 1 billion.One third of the 1.8 …
Less Is More
A legal expert told members of the Institute of Chartered Accountants (ICASL) that fiscal concessions are important to encourage companies to play a more …
Close Tabs
The insurance watchdog is seeking Finance Ministry approval to start a dedicated insurance supervision division.Presently, the Insurance Board of Sri Lanka …
Cherry Picking
Peoples Banks restructuring committee is likely to be choosy in its search for a strategic partner who will inject capital to the bank.ldblquote It wont be an …
Good Job
The Ministry of Labour announced on Thursday, that over 2,500 unemployed graduates are assured of permanent employment within the private sector under its …
Brick Hunt
rnrnrnrnrnrnNew Page 1rnrnrnrnrnThernbulk of state housing banks shares are held with the National HousingrnDevelopment Authority.rnldblquote Theyrnown around …
Parental Consent
Sri Lanka Telecoms board on Wed. gave its blessings to acquire wireless local loop operator Lanka Bell.The dominant fixed line operator declined to name the …
First Steps
The first steps in a million dollar deal to link small and medium entrepreneurs with European markets got off the ground late Wednesday.Initiated by European …
New Insights
Armed with four of the best, a newcomer research company is preparing to catapult Sri Lanka into 21-century number crunching. Independent Research, the local …
Worthy Cause
The local business community is joining country musicians from two continents next month, to raise funds for three-rural schools in Hambantota.Back in a new …
Interesting Option
Peoples Bank says it will consider lowering interest rates on some Rs. 12 billion outstanding from the Ceylon Electricity Board, if a proposed …
Labour Of Love
Sri Lanka and Malaysia on Tuesday inked a special pact to allow more blue-collar Sri Lankan workers find employment in Malaysia. The two countries signed a …
Rural Outreach
Once a week, Shantha embarks on a journey; a journey that takes him across rivers, paddy fields, mountains and over 20 kilometers away from his home to a place …
Building Bubble
A new 210 unit, 21 floor apartment complex is in the making under a Rs. 5 bn Board of Investment (BOI) venture between Hong Kong based Sunshine (Far East) Ltd. …